Wrtn Technologies Inc., one of South Korea’s fastest-growing artificial-intelligence startups, selected Mirae Asset Securities Co. as the lead underwirter to arrange a planned initial public offering.
South Korea’s government denied a report that the US had proposed Seoul acquire a stake in Westinghouse Electric Co., pushing back on suggestions that the American nuclear company could become part of the countries’ strategic investment program.
North Korea fired multiple projectiles including short-range ballistic missiles on Tuesday, South Korea’s military said, the latest in a series of weapons tests by Pyongyang so far this year.
A television screen showing a news broadcast with file footage of a North Korean missile test, at a train station in Seoul, on May 26.
South Korean President Lee Jae Myung called for an “appropriate limit” on collective labor action, speaking at a cabinet meeting after government-mediated talks between Samsung Electronics Co. and its union broke down, paving the way for a strike.
SK Hynix Inc. is seeking to raise 10 trillion won to 15 trillion won ($10 billion) from a potential listing in the US, the Korea Economic Daily reported, as companies rush to increase capacity to meet memory chip demand fueled by the artificial-intelligence boom.
An SK Hynix server memory module at MWC Barcelona 2026 in Barcelona, Spain, on Tuesday, March 3, 2026. This year's edition of MWC is heavily geared toward AI and establishing best practices to leverage it to drive sales and wider adoption. Photographer: Angel Garcia/Bloomberg
KKR & Co. will acquire a 348 billion won ($235 million) stake in South Korean renewable energy firm SK Eternix Co., stepping up its climate and environmental investments and underscoring its appetite for dealmaking despite market volatility stemming from the Iran war.
SK Hynix Inc. plans to spend 19 trillion won ($12.9 billion) building a new advanced chip packaging facility, kicking off a major expansion aimed at meeting surging demand from AI applications.
Coupang Inc.’s top executives were grilled for hours by Korean lawmakers about their failure to prevent the country’s largest ever data breach, an incident that has sparked public outcry over the widespread theft of sensitive personal information.
Lee Jae Myung Photographer: SeongJoon Cho/Bloomberg
North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.
North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.